Politics › Re: NBS Says Petrol Hits N937 Per Litre, Fears It May Soon Reach N1000 by Paraman: 1:15pm On Jul 02, 2024 |
Ondo that's close to Lagos, it cost ₦882.67 per liter, but it cost ₦642.16 in far away Niger state. What's the excuse fuel marketers are giving in Ondo state for this? |
Politics › Re: FG Terminates Contracts With Mothercat, Dantata & Sawoe, Others by Paraman: 11:32am On Jul 02, 2024 |
lexy2014: There was no work going on on those roads in 2015 when buhari took over government as buhari suspended the contracts There was construction going on on those roads after Buhari took over in government in 2015 |
Education › Re: Osun Public Schools Where Trees Portent Danger For Students And Teachers by Paraman: 11:19am On Jul 02, 2024 |
Stevenbright: People just blame government for everything. So the governor will go and cut down trees or cut grasses for schools? What will the heads of the schools be doing? So the headmaster/headmistress or the Principal can't do this?
He will even generate revenue from it by selling the cut to size woods while sharing some to the teachers who need it. Irresponsible leaders everywhere, not just the elected leaders. Tchewww |
Politics › Re: FG Terminates Contracts With Mothercat, Dantata & Sawoe, Others by Paraman: 10:44am On Jul 02, 2024 |
lexy2014: There was no work going on on those roads in 2015 when buhari took over government There was construction going on on those roads after Buhari took over in government in 2015 |
Politics › Re: FG Terminates Contracts With Mothercat, Dantata & Sawoe, Others by Paraman: 10:00am On Jul 02, 2024 |
lexy2014: Every road contract awarded by the Jonathan administration were either suspended or terminated upon buhari coming into office
Kindly take note of the highlighted.
Pls what does it mean for something to be suspended?
Was there any ongoing work on the roads in question in 2015? Yes |
Politics › Re: FG Terminates Contracts With Mothercat, Dantata & Sawoe, Others by Paraman: 9:55am On Jul 02, 2024 |
lexy2014: Every road contract awarded by the Jonathan administration were either suspended or terminated upon buhari coming into office Every road contract awarded by Jonathan administration were not suspended or terminated, stop spreading falsehood |
Politics › Re: FG Terminates Contracts With Mothercat, Dantata & Sawoe, Others by Paraman: 9:48am On Jul 02, 2024 |
Eriokanmi: He'd be handled same way come 2027. He's not wise at all. Why terminate the contractors of Northern origins operations but awarded the Costal road project to his company, hitech even at triple the original cost? In politics, you counterbalance all sides. Anyway, he knows he's not coming back. The handwriting is clear with his biased policies see wetin an adult dey write  |
Politics › Re: FG Terminates Contracts With Mothercat, Dantata & Sawoe, Others by Paraman: 9:46am On Jul 02, 2024 |
lexy2014: Who told you buhari overlooked anything?
Which balls does Tinubu have?
Why has he not used those balls and will to fix the inflation he instigated? So it's on May 2023 inflation started rising in Nigeria? |
Foreign Affairs › Re: Anti-syrian Riot Breaks Out In Turkish City(photos) by Paraman: 8:41am On Jul 02, 2024 |
But some people will be screaming racism when Europeans decide to vote anti-immigrant party into power |
Travel › Re: Japa: Australia Raises Int. Student Visa Fees By 225% To Prevent Migration by Paraman: 8:08am On Jul 02, 2024 |
A good move but it won't still stop the people who wants to go |
|
Politics › Dangote Refinery Begins Gasoil Exports To West African Countries by Paraman(op): 6:42am On Jul 02, 2024 |
Dangote refinery begins gasoil exports to West African countries, as imports from Europe decline Nigeria’s new Dangote oil refinery is ramping up gasoil exports to West Africa, capturing market share from European refiners, according to traders and shipping data.
According to Reuters, the $20 billion refinery is currently producing a lower grade of gasoil than anticipated as it awaits the restart of units necessary for producing cleaner fuels.
Consequently, the refinery is seeking buyers in neighbouring markets.
In May, gasoil exports from the refinery reached nearly 100,000 barrels per day (bpd), almost doubling April’s levels, data from analytics firm Kpler indicated. Most of these exports were directed to other West African countries, with one shipment sent to Spain.
However, preliminary data for June shows a significant drop in gasoil volumes, although overall oil product exports, including fuel oil, naphtha, and jet fuel, remained relatively high at 225,000 bpd.
Decline in European exports to West Africa “The refinery has shifted the balance in West Africa,” impacting European markets, a European distillates trading source told Reuters.
Kpler data revealed that EU and UK gasoil exports to West Africa fell to a four-year low of 29,000 bpd in May, while Russian exports to the region dropped to an eight-month low of 87,000 bpd in the same month.
Dangote has been selling some high-sulphur gasoil in the Nigerian market, but a dispute has arisen with local fuel retailers over who is responsible for selling the dirtier fuel.
The Petroleum Industry Bill passed in 2021, mandated a sulphur content of 50 parts per million (ppm) to align with the sub-regional ECOWAS standards adopted in 2020.
However, the regulator permitted the sale of gasoil with sulphur content above 200 ppm locally from the beginning of the year until June, allowing local refineries and importers more time to comply with the new standard.
As European countries, including major hubs like Belgium and the Netherlands, tighten regulations on high-sulphur gasoil exports, cargoes from the Dangote refinery have found markets in regions with more lenient motor fuel standards.
More Insights Earlier in May, the Chairman of the Dangote refinery, Aliko Dangote had stated that when fully completed, the refinery will supply product to West and Central African countries as its capacity is too big for Nigeria alone.
This decline in gasoil exports from Europe to West Africa confirms earlier reports by Reuters which stated that the refinery has the potential to reduce the $17 billion in oil imports into the continent and even lead to the closure of some European refineries.
In 2023, West Africa became the largest regional recipient of Europe’s gasoline exports, receiving roughly one-third of the continent’s average exports, which totalled 1.33 million barrels per day (bpd). https://nairametrics.com/2024/07/02/dangote-refinery-begins-gasoil-exports-to-west-african-countries-as-imports-from-europe-decline/
|
Education › Re: Osun Public Schools Where Trees Portent Danger For Students And Teachers by Paraman: 10:30pm On Jul 01, 2024 |
Adeleke is a disaster in Osun state |
|
Politics › Re: Opebi Ojota Bridge Set To Finish This Year Easing Lagos Traffic by Paraman: 10:27pm On Jul 01, 2024 |
Pablojames: The completion of the Opebi-Ojota bridge project by the end of this year marks a significant milestone in infrastructure development for Lagos State. This crucial initiative aims to alleviate traffic congestion along the busy corridor linking Opebi and Ojota, two prominent areas within Lagos metropolis. Read more:https:///qklesm If they keep on moving at the pace they are presently moving, I doubt it will be completed this year. |
Politics › Re: Kwankwaso's Demanding Attack On Tinubu Over Kano Emirate Tussle - Group by Paraman: 10:24pm On Jul 01, 2024 |
Shadomaan7: The antics of these powerhungry politicians trying to defame The Jagaban over the Kano emirate issue will ultimately backfire. it's a fake news sef. Kwankwaso camp knows Tinubu has not interfere on the issue |
Phones › Re: Meta Says Nigeria, Ghana Content Creators Can Now Earn Money On Facebook(pics) by Paraman: 10:20pm On Jul 01, 2024 |
Few days ago, a yigbodients was claiming Facebook has left Nigeria |
Politics › Re: FG Terminates Contracts With Mothercat, Dantata & Sawoe, Others by Paraman: 10:00pm On Jul 01, 2024 |
atiku4President: How to detect a fool. So it's now a sin to award contracts? No wonder Mr. Integrity, Buhari returned confiscated luxury cars to their owners. He awarded a contract, released billions of naira, where's the road? Even if nah 1km, nothing is on ground |
|
|
Politics › Re: Wike To Kingibe: I Am The FCT Minister Now, You Will Not Return 2 Senate In 2027 by Paraman: 6:32pm On Jul 01, 2024 |
|
|
Politics › Re: Unknown Gun Men Kill Five Mobile Police Officers In Ambush by Paraman: 6:26pm On Jul 01, 2024 |
I blame Kanu for this killing
May thier soul RIP |
Politics › Re: Obajana-benin Road: FG Terminates Contracts With Three Firms For Non-performance by Paraman(op): 6:16pm On Jul 01, 2024 |
ElevationD: A man labeled a complete calamity and a total failure. A man who was well known to set the country back by many years. A man who met bandits in 2015 and left Nigerians with herdsmen, bandits and terrorists in 2023. Your Buhari took over as the President in 2015 and it was his job to oversee the completion of the job. If Jonathan failed in three years, your Buhari failed in eight years. So there were no Boko Haram, herdsmen, bandits and other terrorist groups operating under Goodluck Azikwe? Jonathan had 6 years to show working, there was no tangible thing on ground Goodluck Azikwe could point to that he has done in 2015 when Nigerians ask him for an answer |
Politics › Re: Obajana-benin Road: FG Terminates Contracts With Three Firms For Non-performance by Paraman(op): 6:07pm On Jul 01, 2024 |
ElevationD: And thankfully Buhari because of his incompetence, kicked himself out long before he vacated the seat, when he said that he was looking forward to return to his cows. Now you see him tending to his cows daily! He's still better than Jonathan. Jonathan was extremely incompetent. He awarded a project in 2012 and release billions of naira for the projects, till he left in 2015, not a single km was built |
Politics › Re: Obajana-benin Road: FG Terminates Contracts With Three Firms For Non-performance by Paraman(op): 6:00pm On Jul 01, 2024 |
ElevationD: And overlooked by MOHAMMADU BUHARI for eight years. It was because of this kind of incompetence Nigerians decided to kick out the fraudulent Jonathan Azikwe |
Politics › Re: Obajana-benin Road: FG Terminates Contracts With Three Firms For Non-performance by Paraman(op): 5:53pm On Jul 01, 2024 |
|
Politics › Obajana-benin Road: FG Terminates Contracts With Three Firms For Non-performance by Paraman(op): 5:44pm On Jul 01, 2024 |
The Federal Ministry of Works has terminated contracts with three companies – Mothercat Ltd, Dantata & Sawoe Construction Ltd, and RCC Ltd – due to non-performance on the dualization of the Obajana-Benin road project. According to a statement on Monday by the Special Adviser (Media) to the Minister of Works, Orji Uchenna, the termination was necessary due to the inordinate delay and failure of the companies to fulfil their contractual obligations. The Minister, David Umahi, directed engineers to take over the sites and measure the work done to facilitate the takeover from the companies. He noted that the contracts, worth billions of naira, were awarded in 2012 but were abandoned by the contractors, leaving road users to suffer due to the deplorable condition of the road. The Minister warned that the government will not tolerate acts of unseriousness and sabotage by contractors, stating that “going forward, all funded but non-performing contracts shall be terminated.” This move is seen as a bold step by the Renewed Hope administration to address the country’s infrastructure challenges. “We will not condone any act that will hinder our progress. We are determined to change the narrative of Nigeria’s road infrastructure”, Umahi said. The terminated contracts include Contract No. 6136 with Mothercat Ltd for the dualization of Obajana-Benin road, section II (Okene-Auchi) in Kogi/Edo State; Contract No. 6137 with Dantata & Sawoe Construction Ltd for the dualization of Obajana-Benin road, section III (Auchi-Ehor) in Edo State; Contract No. 6138 with RCC Ltd for the dualization of Obajana-Benin road, section IV (Ehor-Benin) in Edo State. https://punchng.com/obajana-benin-road-fg-terminates-contracts-with-three-firms-for-non-performance/ |
Politics › Re: Reactions Trail Condition Of Anambra Works Road, Commissioner Gives Reasons by Paraman: 5:37pm On Jul 01, 2024 |
Another fake news from Lagos Ibadan expressway. There's no road in Anambra that looks like like that in Anambra. All the roads in Anambra looks like the one in Dubai. That place is either in Ibadan, Ogbomosho or Lagos 
|
Politics › Re: HARDSHIP: Stop Buying Tomatoes At Supermakets, Presidency Tells Nigerians by Paraman: 5:30pm On Jul 01, 2024 |
Brendaniel: Well, I doubt if he will do it, like they say a fruit doesn't fall far from the tree... We warned you guys about this man called Tinubu, you guys never listened... 🥱🥱🥱🥱 K |
Politics › Re: NERC Issues Imo Approval To Regulate Its Electricity by Paraman: 4:20pm On Jul 01, 2024 |
SmartPolician: Imo State has huge gas reserves; one of the biggest in the country. Last month, Tinubu commissioned two gas projects in Imo State. In short, Shell is currently building a gas plant similar to NLNG in the state.
Hope Uzodinma has engaged an Egyptian power company that will supply 24/7 power to the state and its neighbours through a PPP arrangement. The source of energy is natural gas. What this news is now saying is that the federal power regulatory agency, NERC, has given Imo State government the approval to start generating, transmitting and distributing its own power.
I hope this helps... What sort of ignorant comment is this?  |
Politics › Re: TCN Tackles BEDC Over Planned Power Outage In Ondo, Ekiti States by Paraman: 4:01pm On Jul 01, 2024*. Modified: 5:49pm On Jul 01, 2024 |
Autodidact1: Use your common sense. TCN cannot transmit if the government is not generating. The bulk of the problem is with the generation. TCN should channel the blame to the right people.
How can Nigeria be generating 2000MW of electricity while some countries of less than100 millions generate more than 40k MW? And I'm talking about African Countries. A lot of you just love arguing upside down. TCN do not even generate power, they only transmit. If the GENCOS generate 2000MW and TCN transmit the 2000MW, Discos should start transmitting the 2000MW instead of rejecting some of it and accepting some. I only said the DISCOS are struggling to transmit what the TCN is sending to them... But you're here arguing blindly. Nah me dey even waste my time on you. |